XUZHOU, China, July 27, 2023 /PRNewswire/ — XCMG Machinery (“XCMG”, SHE:000425) has officially signed a long-term strategic cooperation agreement with IBM and a memorandum of strategic cooperation with SAP lately to push forward the intelligent and digital transformation of the group to further elevate its competitive advantages in the global market and build a world-class… Continue reading XCMG Machinery Forms Strategic Alliances with IBM and SAP to Foster Global Digital and Intelligent Transformation and Drive International Business Growth
Tag: Strategy
IDeaS Welcomes More than 200 Hotel Commercial Leaders to its 2023 Converge Client Summit in London
Executives from Microsoft, Starwood Capital Group, and Aimbridge Hospitality Cover Trends Ranging from AI to Revenue Optimization LONDON, July 27, 2023 /PRNewswire/ — IDeaS, the world’s leading provider of hospitality revenue management software and services, held its annual Converge Hospitality Revenue Summit. The sold-out event was attended by more than 200 global hospitality executives and delivered… Continue reading IDeaS Welcomes More than 200 Hotel Commercial Leaders to its 2023 Converge Client Summit in London
Global Hospitality Investment Group Acquires Doubletree Resort Scottsdale Paradise Valley
Hospitality-focused real estate private equity firm to enter high-growth, dynamic Scottsdale hospitality market through premium asset acquisition LOS ANGELES, July 27, 2023 /PRNewswire/ — Global Hospitality Investment Group (“GHIG” or “the firm”), a hospitality-focused real estate private equity firm, today announced that it has acquired the Doubletree Resort Scottsdale Paradise Valley (the “Hotel”), an institutional… Continue reading Global Hospitality Investment Group Acquires Doubletree Resort Scottsdale Paradise Valley
Harley-Davidson Delivers Second Quarter Financial Results
MILWAUKEE, July 27, 2023 /PRNewswire/ — Harley-Davidson, Inc. (“Harley-Davidson,” “HDI,” or the “Company”), (NYSE: HOG) today reported second quarter 2023 results. “Harley-Davidson showed continued progress in delivery of our Hardwire strategy this quarter, despite the macro-economic conditions affecting both the business and our customers. Following the production suspension we experienced late in the quarter impacting motorcycle… Continue reading Harley-Davidson Delivers Second Quarter Financial Results
Arch Resources Reports Second Quarter 2023 Results
Achieves net income of $77.4 million and adjusted EBITDA of $130.4 million Declares a quarterly cash dividend of $75.4 million, or $3.97 per share Invests $73.5 million to repurchase 623,304 shares ST. LOUIS, July 27, 2023 /PRNewswire/ — Arch Resources, Inc. (NYSE: ARCH) today reported net income of $77.4 million, or $4.04 per diluted share,… Continue reading Arch Resources Reports Second Quarter 2023 Results
HONEYWELL DELIVERS STRONG SECOND QUARTER RESULTS AND RAISES FULL-YEAR SALES, SEGMENT MARGIN, AND ADJUSTED EPS GUIDANCE
Sales of $9.1 Billion, Reported Sales Up 2%, Organic1 Sales Up 3%, Operating Cash Flow Up 72%, Free Cash Flow1 Up 34% Earnings Per Share of $2.22 and Adjusted Earnings Per Share1 of $2.23 Aerospace Reported Sales Up 15%, Organic1 Sales Up 16%, Led by Over 20% Growth in Commercial Aviation Backlog Up 4% to… Continue reading HONEYWELL DELIVERS STRONG SECOND QUARTER RESULTS AND RAISES FULL-YEAR SALES, SEGMENT MARGIN, AND ADJUSTED EPS GUIDANCE
German Handelsblatt: Entry into Xpeng: New electric cars for China: VW is entering into the Chinese manufacturer Xpeng007355
For the ramp-up of electric mobility in China, the Volkswagen Group will in future rely on a platform partnership with the Chinese electric car manufacturer Xpeng. In an extraordinary supervisory board meeting on Wednesday, the committee gave the green light for the cooperation.Together with Xpeng, VW wants to develop two new electric models for the… Continue reading German Handelsblatt: Entry into Xpeng: New electric cars for China: VW is entering into the Chinese manufacturer Xpeng007355
German Handelsblatt: Entry into Xpeng: New electric cars for China: VW is entering into the Chinese manufacturer Xpeng007355
For the ramp-up of electric mobility in China, the Volkswagen Group will in future rely on a platform partnership with the Chinese electric car manufacturer Xpeng. In an extraordinary supervisory board meeting on Wednesday, the committee gave the green light for the cooperation.Together with Xpeng, VW wants to develop two new electric models for the… Continue reading German Handelsblatt: Entry into Xpeng: New electric cars for China: VW is entering into the Chinese manufacturer Xpeng007355
Europa Wire: Volkswagen and Audi Forge Strategic Partnerships with Chinese Automakers to Accelerate E-Mobility Expansion in China000700
Volkswagen and Audi Forge Strategic Partnerships with Chinese Automakers to Accelerate E-Mobility Expansion in China (IN BRIEF) Volkswagen Group is expanding its presence in the fast-growing e-mobility market in China through strategic cooperations with local automakers. The VW brand has signed a technological framework agreement with XPENG for joint development of two electric models in… Continue reading Europa Wire: Volkswagen and Audi Forge Strategic Partnerships with Chinese Automakers to Accelerate E-Mobility Expansion in China000700
German Manager Magazin: Wissing, the stimulus figure, and Winterkorn in exile: The new newsletter manage:mobility002627
Dear reader, Some of the nation’s auto plants are currently on vacation, and many others are about to have their free time. Apart from the incoming orders, the summer slump in the industry is canceled. In China, Volkswagen is turning its strategy inside out, more on that later. In Germany, the Chinese competitors are attacking… Continue reading German Manager Magazin: Wissing, the stimulus figure, and Winterkorn in exile: The new newsletter manage:mobility002627